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Feb 10, 2010
02/10
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WETA
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stocks edged lower after those comments from ben bernanke. the dow lost 20 points, the nasdaq fell three points, and the s&p 500 dropped two points. speaking of the dow, the 114- year-old index has a new owner: the c.m.e. group. the chicago exchange is joining forces with dow jones, for dow's stock indexing business. the deal's worth $675 million and gives the c.m.e. a 90% stake, with dow jones and its owner newscorp keeping the rest. german politicians, euro zone finance ministers, and french president nicholas sarkozy spent the day working on the greek issue. so far, no decision on how to handle greece's debt. the issue tops the agenda at tomorrow's summit of european union leaders in brussels. treasury secretary timothy geithner says the u.s. financial system is healing, but there's a lot of repair work ahead. his comments came from a prepared statement summing up how the administration worked to stabilize financial markets over the past year. still ahead, will airlines stocks soar higher this year? we ask our "street critique" guest juliu
stocks edged lower after those comments from ben bernanke. the dow lost 20 points, the nasdaq fell three points, and the s&p 500 dropped two points. speaking of the dow, the 114- year-old index has a new owner: the c.m.e. group. the chicago exchange is joining forces with dow jones, for dow's stock indexing business. the deal's worth $675 million and gives the c.m.e. a 90% stake, with dow jones and its owner newscorp keeping the rest. german politicians, euro zone finance ministers, and...
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Feb 24, 2010
02/10
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CNBC
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see how bernanke characterizes that. if that weren't enough drama this is bernanke's first testimony since winning confirmation by the senate in january. and there is still plenty of anger on the hill about the bailouts and debate about the fed's role in the new regulatory world which is still under discussion in washington. the mix of tightening talk, easy money walk, economic outlook, populist anger should make for a compelling couple hours not to mention, mark, the s&p auction rick mentioned, bond auction later in the day, toyota, and now bernanke. an interesting day, mark. >> thank you very much, steve liesman. >>> toll brothers reporting narrower than expected quarterly loss. shares higher in premarket. next, we will go inside those toll brothers numbers. >>> plus the bernanke testimony steve referred to. possibly new short selling rules for the market. new home sales. the president meeting with top business leaders. it's all on "squawk on the street" plus of course the toyota testimony. >> which brings us to our st
see how bernanke characterizes that. if that weren't enough drama this is bernanke's first testimony since winning confirmation by the senate in january. and there is still plenty of anger on the hill about the bailouts and debate about the fed's role in the new regulatory world which is still under discussion in washington. the mix of tightening talk, easy money walk, economic outlook, populist anger should make for a compelling couple hours not to mention, mark, the s&p auction rick...
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Feb 25, 2010
02/10
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CNBC
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bernanke will avoid mngzing the timing of a rate hike. he told a house panel on wednesday that rates will continue to remain low for an extended period. this is coming at the same time that president obama will square off with lawmakers today in a last ditch effort to salvage his health care reform plan. republicans and democrats will meet at the blair house for a nationally televised health care summit beginning at 10:00 a.m. leaders will discuss four major themes, controlling costs, insurance reforms, cutting the deficit and sxabding health care coverage. treasury secretary timothy geithner meeting with financial industry groups today at 11:00 a.m. new york time and this comes as it's said the obama administration is close to saving a reform bill. reports say geithner met with bankers on wednesday night to discuss the matter. >> toyota closed down 0.2% after staying in positive territory. overnight, the company's president apologized to u.s. congress and millions of toyota drivers over its recent safety issues. and speaking to employees
bernanke will avoid mngzing the timing of a rate hike. he told a house panel on wednesday that rates will continue to remain low for an extended period. this is coming at the same time that president obama will square off with lawmakers today in a last ditch effort to salvage his health care reform plan. republicans and democrats will meet at the blair house for a nationally televised health care summit beginning at 10:00 a.m. leaders will discuss four major themes, controlling costs, insurance...
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Feb 25, 2010
02/10
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WBAL
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ben bernanke will speak to the senate committee later this morning. the president of toyota will stay put. some executives have resigned following the scandal of the recalls. akio toyoda is the only person that can save toyota. he said the as a personal commitment to restore the trust of customers. blockbuster is closing at least 500 doors. it is looking for ways to restructure almost $1 billion of debt. consumers are turning to netflix and red box. back to you. >> thanks. >> coming up, in the look at your morning commute with traffic and weather together. >> the hockey venue at the olympics turned into stars on ice. see if team usa stays in contention for its first gold medal hopes. we will show you ♪ hey bets, can i borrow a quarter? sure, still not dry? trng to shrink them. i lost weight and now some clothes are too big. how d you do it? simple stuff. eating right and i switched to whole grain. whole grain... [ female announcer ] pele who more whole grai tend to have a healthier body weight. multigrain cheerios has who gins and 110 calories per s
ben bernanke will speak to the senate committee later this morning. the president of toyota will stay put. some executives have resigned following the scandal of the recalls. akio toyoda is the only person that can save toyota. he said the as a personal commitment to restore the trust of customers. blockbuster is closing at least 500 doors. it is looking for ways to restructure almost $1 billion of debt. consumers are turning to netflix and red box. back to you. >> thanks. >> coming...
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Feb 4, 2010
02/10
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WETA
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bernanke said that independence is key to keeping monetary policy focused on the long-term interests of the american people, and not political whims. >> susie: you've probably noticed that the prices you're paying at the pump are holding steady these days. but can we count on them to stay that way? well, that all depends on what happens to the price of oil. and, as suzanne pratt reports, forecasts for oil prices in 2010 are all over the map. >> reporter: at this gas station in midtown manhattan, gas prices are among the highest in the nation. whether they spike even higher, head lower, or stay in the same range this year depends on who you ask. j.p. morgan's lawrence eagles expects crude prices, which dictate gas prices, to climb higher. that's after averaging between $72 and $76 a barrel in the first half this year. >> moving higher in the second half, up to $88 by the end of the year and moving appreciably stronger in 2011. >> reporter: for eagles appreciably stronger means as high as $100 a barrel. his price predictions are based on a bullish outlook for t global economy. a health
bernanke said that independence is key to keeping monetary policy focused on the long-term interests of the american people, and not political whims. >> susie: you've probably noticed that the prices you're paying at the pump are holding steady these days. but can we count on them to stay that way? well, that all depends on what happens to the price of oil. and, as suzanne pratt reports, forecasts for oil prices in 2010 are all over the map. >> reporter: at this gas station in...
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Feb 25, 2010
02/10
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WETA
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there is a lot of anger and it almost cost bernanke getting reappointed. he came bearing gifts saying i will work with you, congress, on find ways of better disclosures from companies benefitting from the special lending programs--. >> warner: which he has resisted. >> he said aye find ways to do more auditing and review of what the fed does as long as you wall off monetary funding. >> warner: as you said, of course, harry reid, as we said in the setup, he is promising more. now, what are the prospects for getting additional bipartisan votes? did you have, i think, 13 republican s voting for the one today. getting additional bipartisan votes on some of the other job-stimulating measures reid would like to push through? >> i think it depends what they push with. i think reid is trying to put republicans on the spot over and over this year saying we want to pass something, we want a bipartisan vote, but you, republican senators, have to go back to your state why the unemployment rate is extremely high. i know you won't like this, but i'm going to dare you to
there is a lot of anger and it almost cost bernanke getting reappointed. he came bearing gifts saying i will work with you, congress, on find ways of better disclosures from companies benefitting from the special lending programs--. >> warner: which he has resisted. >> he said aye find ways to do more auditing and review of what the fed does as long as you wall off monetary funding. >> warner: as you said, of course, harry reid, as we said in the setup, he is promising more....
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Feb 4, 2010
02/10
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WUSA
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. >>> as he was sworn in for his second term as head of the federal reserve ben bernanke said he is worried about the pace of our economic recovery. he told his staff today the economy is growing but there's still too little bank credit, too many foreclosures and too many people unemployed. meantime treasury secretary tim geithner says congress can claw back what he is calling an outageus new amount of bonuses for aig employees. they are all set to pay out bonuses despite being bailed out by the federal government last year. tim geithner says the government can recoup the money by instituting the new bank fee that president obama called for in his 2011 budget. but aig says those bonuses were negotiated before the company asked for the bailout. what do you think about that? is it an outrageous failure of policy or do the aig employees deserve the bonuses, after all they were promised them. send your e-mails to me. >>> winning the seat of senator ted kennedy. an attorney wants brown to be sworn in tomorrow. once he is sworn in, brown will end the democrats majority in the u.s. senate. but pre
. >>> as he was sworn in for his second term as head of the federal reserve ben bernanke said he is worried about the pace of our economic recovery. he told his staff today the economy is growing but there's still too little bank credit, too many foreclosures and too many people unemployed. meantime treasury secretary tim geithner says congress can claw back what he is calling an outageus new amount of bonuses for aig employees. they are all set to pay out bonuses despite being bailed...
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Feb 25, 2010
02/10
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WMPT
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in general terms first, what exactly is chairman bernanke promising to look into? >> this has for the better part of the decade been the great big unknown, this world of derivatives which are largely unregulated secondary investment vehicles. they're almost train of thought. it's whatever an investment bank can come up with. we saw the derivative situation blow up with respect to a.i.g. where there was an oversight and now the concern not only here in the united states and in greece but in the rest of the world and in the capital markets is that the banks in parallel practice this with governments to help them duke the debts. >> brown: go back a few years to 2000, 2001. the first issue is whether and how these banks and financial institutions greece mask its true problems. how did they do that. >> greece in 2000, 2001, very much wants to become a euro member and to do that it has to be able to show its financial stability and a certain measure of austerity, it has to have, for example, a budget gap that is no more than whatever percentage limit was back then if it
in general terms first, what exactly is chairman bernanke promising to look into? >> this has for the better part of the decade been the great big unknown, this world of derivatives which are largely unregulated secondary investment vehicles. they're almost train of thought. it's whatever an investment bank can come up with. we saw the derivative situation blow up with respect to a.i.g. where there was an oversight and now the concern not only here in the united states and in greece but...
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Feb 25, 2010
02/10
by
CNN
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ben bernanke back for round two, and stephanie elam back. another rally today? >> sorry, kyra, i don't think we will get a repeat one. >> that was a sarcastic, laugh. hell no, kyra. >> yeah, pretty much. we will not see the same picture. but bernanke will deliver the same testimony today but this time before the senate banking committee. yesterday, investors were happy to hear they were going to keep key interest rates for a while longer. they raised the discount rate on what they charge to banks, and if that happened it could slow the recovery and it's a precarious time for the economy. investors jumped up and cheered ben bernanke after he said he was staying the course. and then the debt problems in greece may be getting worse. as i was saying, we are looking for triple digit losses out the gate. and that's what we have. the dow off 137 points. and so no, as i was saying, no, not another rally, at least not to start. >> gosh, okay. shut me down. thank you, steph. definitive. there we go. let's move on. >>> hummer goes the way of pontiac, and stud baker. the de
ben bernanke back for round two, and stephanie elam back. another rally today? >> sorry, kyra, i don't think we will get a repeat one. >> that was a sarcastic, laugh. hell no, kyra. >> yeah, pretty much. we will not see the same picture. but bernanke will deliver the same testimony today but this time before the senate banking committee. yesterday, investors were happy to hear they were going to keep key interest rates for a while longer. they raised the discount rate on what...
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Feb 25, 2010
02/10
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CSPAN
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chairman bernanke, i think chairman frank mentioned the deficit in passing and the debt. that is what i want to ask you about. that is the elephant in the room. we have reduced our debt is going to double in the next five years, a triple in the next 10 years. it is fueled by historic deficits. i heard this morning on television that we have many cases across the united states and children and adults that are walking out on thin ice. they walked out day after day and they get some comfort and nothing happens. the thin ice is dangers. i submit that this type of budget half is a dangerous. i would ask you -- i do not believe that our present budget passed is sustainable. my first question, it is our budget path sustainable? secondly, is there a need for the congress to come up with a concrete plan to change p that the toath? do you believe there is urgency in that? >> you asked about sustainability. you are talking of the medium term charge of a deficit that remains after the economy has returned to normal levels of activity. estimates of the sexual deficit range from 4% up
chairman bernanke, i think chairman frank mentioned the deficit in passing and the debt. that is what i want to ask you about. that is the elephant in the room. we have reduced our debt is going to double in the next five years, a triple in the next 10 years. it is fueled by historic deficits. i heard this morning on television that we have many cases across the united states and children and adults that are walking out on thin ice. they walked out day after day and they get some comfort and...
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Feb 24, 2010
02/10
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WJZ
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. >>> stocks rallied after federal reserve chairman ben bernanke told congress, record- low interest rates are still needed to help the economy. in his twice-a-year report to congress, bernanke said the economic recovery is still in the early stages and that moderate growth will only lead to a slow decline in the unemployment rate. >>> the ceo publicly apologized to the lapses that led to the recall of more than 8 million toyotas. akio toyoda admitted that the auto group grew too fast to stay on top of safety recalls. he says he is committed to regaining the trust of every consumer. >>> a report surprised economists who were expecting a rise in sales. while winter storms upon partly to blame, new home sales have fallen now for three straight months, despite low mortgage rates for some tax buyers. one in four homeowners owed more than their home was worth late last year. rising unemployment contributed to the rise of homeowners who are under water on their loans. for more money news, you can head to cbs money watch.com. in new york, i'm alexis christoforous. >>> coming up on wjz's eye
. >>> stocks rallied after federal reserve chairman ben bernanke told congress, record- low interest rates are still needed to help the economy. in his twice-a-year report to congress, bernanke said the economic recovery is still in the early stages and that moderate growth will only lead to a slow decline in the unemployment rate. >>> the ceo publicly apologized to the lapses that led to the recall of more than 8 million toyotas. akio toyoda admitted that the auto group grew...
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Feb 25, 2010
02/10
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CNBC
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>> i'm going to be talking about bernanke. . i think becky's selling it short saying it's a repeat performance. i like yours better. >> how am i selling this short? >> i don't i think it's a repeat in that it's the same thing. >> you think he's going to make news and say something different? >> it's a little different. he heads into day two of the testimony today. it's the sem any annual testimony to congress. he delivered a clear message on rates yesterday. they will stay low for several months. overlooked in that testimony yesterday, and sure to get more attention today, beck y was fed chairman's pitch to keep the fed as a major banking regulator. the senate is considering stripping those powers as part of a broader overhaul of the banking powers now in the state. >> the crisis has once again done straighted the federal reserve's ability to identify and address diverse and hard to predict threats to financial stability, depends critically on the information, expertise and powers that it has by virtue of being both a bank super
>> i'm going to be talking about bernanke. . i think becky's selling it short saying it's a repeat performance. i like yours better. >> how am i selling this short? >> i don't i think it's a repeat in that it's the same thing. >> you think he's going to make news and say something different? >> it's a little different. he heads into day two of the testimony today. it's the sem any annual testimony to congress. he delivered a clear message on rates yesterday. they...
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Feb 25, 2010
02/10
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CSPAN
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copyright national cable satellite corp. 2010] >> coming up on c-span, federal reserve chairman ben bernanke testifies on capitol hill. president obama discusses his economic policies at a meeting with the u.s. business roundtable. and toyota executives testify at a hearing about their company's recalls. on tomorrow's "washington journal," we will preview health care summit with members of congress, including michael burgess of texas, diana degette, james clyburn, and bill cassidy. james clyburn -- julie rovner as well. >> live on thursday, day-long coverage of the health care summit. live from blair house, it will also include your reactions on c-span radio and c-span.org. >> now, federal reserve chairman ben bernanke. he told congress that the federal reserve will maintain low interest rates to help preserve the economy. this is about an hour. >> chairman frank, ranking member baucus, and other members of the committee, i am pleased to present the federal reserve's semiannual monetary policy report to the congress. i will begin with outlook -- comments on the outlook of the economy and for
copyright national cable satellite corp. 2010] >> coming up on c-span, federal reserve chairman ben bernanke testifies on capitol hill. president obama discusses his economic policies at a meeting with the u.s. business roundtable. and toyota executives testify at a hearing about their company's recalls. on tomorrow's "washington journal," we will preview health care summit with members of congress, including michael burgess of texas, diana degette, james clyburn, and bill...
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Feb 24, 2010
02/10
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WTTG
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. >>> in another shift boost the economy ben bernanke told congress that record low interest rates are stillness. they said they will keep their key interest rate to near zero for what he called an extended period. it has been between zero and 2.5%. at some point the fed will have to tighten credit but he did not give a timeline. >>> another move on the hill to help the financial recovery. the jobs bill that will give tax money to employers to hire unemployed workers, they green lighted a more expensive measure, but the bill was some businesses who hired the unemployed from paying payroll tax for the rest of the year and gives them a $1,000 credit. >>> there are some good numbers to pass along. the federal government projects a number of industries will lose jobs in 2018 even after the economy picks up. department stores expected to lose the most, 10% of the 1.5 million positions compared to 2008. semi conductor manufacturing will lose 34% of the 432,000 positions and motor vehicle manufacturing could see an 18% trop from it's 535,000 positions. >>> martinez will begin recognizing same
. >>> in another shift boost the economy ben bernanke told congress that record low interest rates are stillness. they said they will keep their key interest rate to near zero for what he called an extended period. it has been between zero and 2.5%. at some point the fed will have to tighten credit but he did not give a timeline. >>> another move on the hill to help the financial recovery. the jobs bill that will give tax money to employers to hire unemployed workers, they...
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Feb 24, 2010
02/10
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CSPAN
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ben bernanke, the chairman for the federal reserve goes to capitol hill this morning. lawmakers will question him on what he can or will the to ease the jobs crisis and make sure the economic crisis -- economic recovery lasts. you can hear the first hour on c-span radio. there is a new study showing hispanics at high-level staff positions in capitol hill are almost nonexistent. this is in spite of the fact that they make up nearly 1/6 of the u.s. population. a of a hundred senate chief of staff, only one is hispanic. there is no hispanic legislative directives -- directors and only one hispanic staff director. hispanics only hold 12 of the roughly for a 40 chief of staff jobs and only nine legislative director slots. -- 140 chief of staff jobs and only nine legislative director slots. some say that is an outrage. the european union wants to halt all executions by 2015 as a step towards abolishing the death penalty. the prime minister did not know how the eu would persuade countries like the united states, china, and i went to change their laws. he was to set up an inte
ben bernanke, the chairman for the federal reserve goes to capitol hill this morning. lawmakers will question him on what he can or will the to ease the jobs crisis and make sure the economic crisis -- economic recovery lasts. you can hear the first hour on c-span radio. there is a new study showing hispanics at high-level staff positions in capitol hill are almost nonexistent. this is in spite of the fact that they make up nearly 1/6 of the u.s. population. a of a hundred senate chief of...
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. >>> ben bernanke has been sworn in for a second term as chairman of the federal reserve. bernanke vowed to preserve the fed's independence, despite a move in congress to tighten control over the central bank. >>> and preparing for a snowy weekend from 1 inch in new york to almost 2 feet in baltimore. meteorologist rob marciano tracking this massive winter storm. what's going on. feast appetizer. [dinner bell chimes] high quality ingredients like wild alaskan salmon in a delicate broth, without by-products or fillers. fancy feast appetizers. celebrate the moment. in the north of england to my new job at the refinery in the south. i'll never forget. it used one tank of petrol and i had to refill it twice with oil. a new car today has 95% lower emissions than in 1970. exxonmobil is working to improve cars, liners of tires, plastics which are lighter and advanced hydrogen technologies that could increase fuel efficiency by up to 80%. >[t:p][n:e plastics which are lighter and advanced hydrogen technologies announcer: the smallest moments can have the biggest impact on a child'
. >>> ben bernanke has been sworn in for a second term as chairman of the federal reserve. bernanke vowed to preserve the fed's independence, despite a move in congress to tighten control over the central bank. >>> and preparing for a snowy weekend from 1 inch in new york to almost 2 feet in baltimore. meteorologist rob marciano tracking this massive winter storm. what's going on. feast appetizer. [dinner bell chimes] high quality ingredients like wild alaskan salmon in a...
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Feb 25, 2010
02/10
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CSPAN
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accordingly the house stands >> ben bernanke testifies about the economy and monetary policy. now, secretary lahood. this part of the hearing is 50 minutes. >> let me just raise a couple of questions with you very quickly. the committee has reviewed thousands of complaints regarding sudden acceleration in the toyota vehicles. before the crash thatñossÑçkçñar membersÑiñr of at( family in aut "tsjutÑ. ñrmy questionÑi is, why did it e jjtxdñrÑi to act? &Ñignz+:çóx@%ylñx].sÑiñr why did it take them so long to act? >> mr. chairman, i would say this. i have been in the job more than a year. prior to my time which would have been prior to january 23rd of '09, if there issues i can't answer, i will get back to you for the record. i will tell you this, 30,000 complaints come to nh tsa every year and we look at every one of them. we think every one is important. some come from people who are driving cars and some come from the industry. we look at what's going on from stakeholders and people in the automobile business. sometimes they file complaints with us. then when
accordingly the house stands >> ben bernanke testifies about the economy and monetary policy. now, secretary lahood. this part of the hearing is 50 minutes. >> let me just raise a couple of questions with you very quickly. the committee has reviewed thousands of complaints regarding sudden acceleration in the toyota vehicles. before the crash thatñossÑçkçñar membersÑiñr of at( family in aut "tsjutÑ. ñrmy questionÑi is, why did it e jjtxdñrÑi to act?...
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Feb 10, 2010
02/10
by
WMPT
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chairman ben bernanke outlined the effort in written testimony for a congressional committee. bernanke said the economy still needs an easy money policy for now, but he added: "at some point the federal reserve will need to tighten financial conditions." the talk of higher rates kept wall street at bay. the dow jones industrial average lost 20 points to close at 10,038. the nasdaq fell three points to close below 2,148. thousands of workers in greece staged a national strike today, protesting a government plan to freeze salaries and cut bonuses. the 24-hour strike closed schools, and brought air travel to a halt. we have a report from john sparks of independent television news. >> reporter: it's easy to say, the 24-hour strike closed greece filed a test case for other indebted states. its huge socialist government plans been cuts. for many here on the streets of athens today it is not acceptable. "the capitalist government has declared war on the working classes. we will respond with war-like measures," said this mp. the government wants to raise the retirement age by two year
chairman ben bernanke outlined the effort in written testimony for a congressional committee. bernanke said the economy still needs an easy money policy for now, but he added: "at some point the federal reserve will need to tighten financial conditions." the talk of higher rates kept wall street at bay. the dow jones industrial average lost 20 points to close at 10,038. the nasdaq fell three points to close below 2,148. thousands of workers in greece staged a national strike today,...
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Feb 27, 2010
02/10
by
CSPAN
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eye 219
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bernanke wÑiith his loose money policy. one question i like to ask, does the fed realize çóthe terribly destructive impact that you had on -- on savers and frugal people in this coaintry by reducing theirÑi interest incom to below, really, real negative interest rates while the crank ud sters that created the problem are being rewarded? >> and i understand the from us -- your from ustation and i do think that -- onsj of the issu that i have dÑiealt with is howe bring interest rates back to -- to a more long-term sustainable %uá)qr)Ñi extreme lilo, obv]iously, unsu)wtÑtainable le a.m. -- aÑind there are some disagreements, that's one thing about a commit phi liket( the on market committee where you can have differing views and do i share a different view. i think we should be -- going back to a more normal level sooner rare than later and as i said in my public speeches and i think i'máqsóot, my concern is that -- in terms of, the last time i voted iÑi dissçóented on usage of the word extended period. in a posi
bernanke wÑiith his loose money policy. one question i like to ask, does the fed realize çóthe terribly destructive impact that you had on -- on savers and frugal people in this coaintry by reducing theirÑi interest incom to below, really, real negative interest rates while the crank ud sters that created the problem are being rewarded? >> and i understand the from us -- your from ustation and i do think that -- onsj of the issu that i have dÑiealt with is howe bring interest rates...
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Feb 5, 2010
02/10
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CSPAN
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eye 126
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that as a new member, i sat as many of my colleagues did when we got a call from secretary paulson and bernanke in saying this guy was-- and we had to react in two days. so sometimes depending upon the issue of the reaction has to be different. babbitt you or do you not agree with the testimony of mr. scovell which are not just limited to rulemaking and now i have a minute and 47 seconds. >> in 15 seconds i get an a-plus on milestones for professionalism. training i get an incomplete and i get a b on fatigue. >> do you agree with his assessment? >> i agree with some of his assessments. >> look forward to your immediate reaction to them and i would say, i would rather see you come to us and be creative in think out of the box and maybe have to figure out how we can do things differently because i think the confidence of the american public is reducing every day that we delay, and i think there is room for us to think creatively and do it different and i look forward to helping you. >> thank you very much. i appreciate that. >> i thank the gentlelady and >> i thank the gentlelady and th from ohio
that as a new member, i sat as many of my colleagues did when we got a call from secretary paulson and bernanke in saying this guy was-- and we had to react in two days. so sometimes depending upon the issue of the reaction has to be different. babbitt you or do you not agree with the testimony of mr. scovell which are not just limited to rulemaking and now i have a minute and 47 seconds. >> in 15 seconds i get an a-plus on milestones for professionalism. training i get an incomplete and...
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Feb 24, 2010
02/10
by
CNN
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also on the hill, fed chief ben bernanke saying that the congress action has helped to jump start the economic recovery, but he worries about the unemployment rate which is near 10%. >>> in vancouver, an emotional moment on ice. joannie rochette took third place in the short program after in the sudden death of her 55-year-old mother on sunday. she will battle for gold in the free skate final tomorrow. >>> i want to tell you what is going on with weather. we have a blizzard moving in the next 48 hours. we have pictures across the country and you have -- can we pull these up, michael? put them on the screen? okay. the one on the left is washington, d.c., and that is the white house and central park, the view from time warner center where cnn is. the only snowflakes you can see are in the animation behind it. it is looking good and calm, bhau but it is going to change. let's look at texas. if you are in west texas, wow, five inches of snow. i have to say that the texans are getting used to this and they have reason to buy a lot of snow shovels this year and they have use of them. that b
also on the hill, fed chief ben bernanke saying that the congress action has helped to jump start the economic recovery, but he worries about the unemployment rate which is near 10%. >>> in vancouver, an emotional moment on ice. joannie rochette took third place in the short program after in the sudden death of her 55-year-old mother on sunday. she will battle for gold in the free skate final tomorrow. >>> i want to tell you what is going on with weather. we have a blizzard...
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Feb 26, 2010
02/10
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bernanke, again. as our financial markets begin to show signs of improvement, many of the fed's temporary many facilities have been allowed to expire and monetary policy has begun to normalize. and while use of the temporary lending facilities wayne expanded purchases by the fed a federal agency debt mortgage-backed securities and the longer-term treasuries of security staff kept the size other than to balance sheet unusually large. as of last week, it's my understanding that the banks had over 1.2 trillion in reserve balances and federal reserve banks. that is more than 100 times the average level of such balances in 2006. this morning i am interested in hearing, mr. chairman, plans for reducing the size of the fed's balance sheet, with run a story liquidity support from the banking system, and continuing the normalization of monetary policy. in addition, i believe, mr. chairman, you should tell us how the fed plans to use interest on reserves as a monetary policy and how you intend to use repurchase
bernanke, again. as our financial markets begin to show signs of improvement, many of the fed's temporary many facilities have been allowed to expire and monetary policy has begun to normalize. and while use of the temporary lending facilities wayne expanded purchases by the fed a federal agency debt mortgage-backed securities and the longer-term treasuries of security staff kept the size other than to balance sheet unusually large. as of last week, it's my understanding that the banks had over...
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Feb 17, 2010
02/10
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bernanke does not want to step up and -- i think mr. bernanke, unfortunately, does not want to step up and take responsibility. i think the administration put a good deal of capital to work to make sure that he stayed on as chairman of the fed. but honestly, it would require presidential leadership at this point. we see encouraging signs, but also discouraging signs. the president said nice things about big bankers and their compensation just last week. you have to ask the white house where we are on this issue. host: simon johnson is the author of an upcoming book, "13 bankers." when will this come out? guest: when wilthe end of march. i do not think this problem is going to go away anytime soon. host: wyoming, republican line. caller: i would just like to say a few things and please do not cut us off because we do not get a chance to get in as many times as the democrats and the independent line. i'm a conservative woman of color. i notice every time on c-span and i get to be disappointed. and i will get to my question. i notice a tal
bernanke does not want to step up and -- i think mr. bernanke, unfortunately, does not want to step up and take responsibility. i think the administration put a good deal of capital to work to make sure that he stayed on as chairman of the fed. but honestly, it would require presidential leadership at this point. we see encouraging signs, but also discouraging signs. the president said nice things about big bankers and their compensation just last week. you have to ask the white house where we...
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Feb 24, 2010
02/10
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by then treasury secretary hank paulson and ben bernanke. t.a.r.p. was supposed to be used to counter the mortgage crisis, not to bail out the big banks. do you believe mccain was misled? >> no, i don't, monica. the night before on nbc nightly news, you may remember john yang had a record that feerchbd john mccain saying because of his experience, he was best equipped to rhett republic arizona. now, in western inventory knack ewe lar, this ain't john's first rodeo. when he suspended his campaign to go back to washington to sit face-to-face with those decisionmakers, now a couple years later, he's telling us he was misled? i have to tell you, this is isn't revision of history. that sounds more like john kerry in 2004 than the john mccain i used to work with. >> and the mccain camp is attacking your spending record. they have a radio ad saying you talk like a conservative, but you spend like a liberal. they're citing your vote for the bridge to nowhere. you supported the 2003 medicare prescription drug benefit. what do you think of those ads? what do y
by then treasury secretary hank paulson and ben bernanke. t.a.r.p. was supposed to be used to counter the mortgage crisis, not to bail out the big banks. do you believe mccain was misled? >> no, i don't, monica. the night before on nbc nightly news, you may remember john yang had a record that feerchbd john mccain saying because of his experience, he was best equipped to rhett republic arizona. now, in western inventory knack ewe lar, this ain't john's first rodeo. when he suspended his...
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Feb 5, 2010
02/10
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CNBC
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we have word that ben bernanke is set to testify. >> i'm sue herera. there are some bright spots. travelers, at&t, walmart and dupont are among the dow's 30 winners. >> ppl beat the street. the ceo will join us first on cnbc. tyson foods smashing analysts' estimates. ate na pushing higher. we should get to the market. >> i'm dennis neil. let's get straight to this market action. let's go to bob pisani. >> here's a couple of headlines here. stocks close in europe at 1130, the stock market droops here. the second time in a row. guys in europe are getting concerned. they want to lighten up. second thing that happened that's important here, is dollarle rallied at the exact same moment we had yesterday. of course, what happens when that happens? it puts pressure on commodities and puts pressure on commodity stocks. all the big names in energy and the material groups on the weak side. and sharon, we saw a heck of a lot of contracts traded in oil in the last hour and a half. >> that's right. over 400,000 contracts traded today, bob, and this is the second straight day of massive contract
we have word that ben bernanke is set to testify. >> i'm sue herera. there are some bright spots. travelers, at&t, walmart and dupont are among the dow's 30 winners. >> ppl beat the street. the ceo will join us first on cnbc. tyson foods smashing analysts' estimates. ate na pushing higher. we should get to the market. >> i'm dennis neil. let's get straight to this market action. let's go to bob pisani. >> here's a couple of headlines here. stocks close in europe at...
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Feb 3, 2010
02/10
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. >>> ben bernanke. >> yes. >> who oversaw the collapse of not only the united states, but pretty much the entire world financial system. >> right. >> and brought our economy to its knees has been reappointed as head of the fed. >> right. >> does this give you hope for being re-elected governor of new york? because may i remind you, he screwed everybody. >> wow. >> eliot spitzer taking shots from colbert last night. here with us now, founder, editor of thedailybeast.com, tina brown. >> good morning, everyone. >> great to see you. we'll get to your explosive piece about andrew young. have you quite a bit to say about john edwards' body man. we may have to bleep that. but first, maureen dowd's don't ask, don't tell op-ed. she writes in part -- tinea it was a pretty remarkable day on capitol hill. >> i thought it was pretty believing. very moving indeed. one does ask whether it will ignite a cultural war thing and distract. that's the only thing that scares me, we do need to be focused on jobs now. the timing seems strange. but having said that, it was a moving moment. it is obscene we ha
. >>> ben bernanke. >> yes. >> who oversaw the collapse of not only the united states, but pretty much the entire world financial system. >> right. >> and brought our economy to its knees has been reappointed as head of the fed. >> right. >> does this give you hope for being re-elected governor of new york? because may i remind you, he screwed everybody. >> wow. >> eliot spitzer taking shots from colbert last night. here with us now,...
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Feb 27, 2010
02/10
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bernanke and his loose money policy. but the question i would like to ask, does the fed relies the terribly destructive impact you have had on sabrevers in this country by reducing interest rates, waliñrfraudsters in this country are being rewarded? guest: i understand your frustration and one thing we're looking at is how to bring interest rates back to a long- term sustainable level from the extremely low levels. and there are differing views. i do share a different view. i think we should go back to a more normal level sooner rather than later, as i've said in my public speeches. and i think -- you know, my concern is in terms of the last time i voted, i voted on the usage of the word "extended period" because i think the economy will continue to improve modestly. we will be ableÑiçto move back o more normal rates sooner rather than later. and i do not consider necessarily our interest to ensure the markets that rates will yield play because that has the effect that also invites and sometimes excite speculative act
bernanke and his loose money policy. but the question i would like to ask, does the fed relies the terribly destructive impact you have had on sabrevers in this country by reducing interest rates, waliñrfraudsters in this country are being rewarded? guest: i understand your frustration and one thing we're looking at is how to bring interest rates back to a long- term sustainable level from the extremely low levels. and there are differing views. i do share a different view. i think we should...
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Feb 5, 2010
02/10
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>> i want to say ben bernanke. >> reporter: who is this guy? >> looks like a crook. >> reporter: he looks like a crook? >> yeah. >> reporter: why? >> he just got that look about him, man, about to take everything you own. >> reporter: who is this man? >> dr. phil. >> i think it's raj -- >> reporter: raj rajasa? >> yeah. >> reporter: who is this man? >> what country is dubai in? >> i know it's in an expensive area, i know that. i don't know. it's over there. >> reporter: over there? >> across the way. >> say it slowly. united arab emirates. >> reporter: how much is $1,000 worth of gold worth? >> $1,000 worth of gold? $1,000. >> reporter: $1,000 worth of gold is probably worth $1,000, right? >> no, more than that. >> reporter: $1,000 of gold is worth more than $1,000 of gold? >> gold is up right now. >> reporter: what is the interest rate in the country right now, what%? >> 50. >> 38. >> 38. >> 38. >> reporter: lower. >> 28. >> reporter: lower. >> 18? 8? >> reporter: higher. >> 11. >> reporter: lower. >> 10. >> reporter: yes. >> wow. what everybo
>> i want to say ben bernanke. >> reporter: who is this guy? >> looks like a crook. >> reporter: he looks like a crook? >> yeah. >> reporter: why? >> he just got that look about him, man, about to take everything you own. >> reporter: who is this man? >> dr. phil. >> i think it's raj -- >> reporter: raj rajasa? >> yeah. >> reporter: who is this man? >> what country is dubai in? >> i know it's in an...
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Feb 26, 2010
02/10
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bernanke and his loose money policy. but the question i would like to ask, does the fed relies the terribly destructive impact you have had on sabrevers in this country by reducing interest rates, waliñrfraudsters in this country are being rewarded? guest: i understand your frustration and one thing we're looking at is how to bring interest rates back to a long- term sustainable level from the extremely low levels. and there are differing views. i do share a different view. i think we should go back to a more normal level sooner rather than later, as i've said in my public speeches. and i think -- you know, my concern is in terms of the last time i voted, i voted on the usage of the word "extended period" because i think the economy will continue to improve modestly. we will be ableÑiçto move back o more normal rates sooner rather than later. and i do not consider necessarily our interest to ensure the markets that rates will yield play because that has the effect that also invites and sometimes excite speculative act
bernanke and his loose money policy. but the question i would like to ask, does the fed relies the terribly destructive impact you have had on sabrevers in this country by reducing interest rates, waliñrfraudsters in this country are being rewarded? guest: i understand your frustration and one thing we're looking at is how to bring interest rates back to a long- term sustainable level from the extremely low levels. and there are differing views. i do share a different view. i think we should...
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Feb 27, 2010
02/10
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bernanke said we will have time with -- we will have trouble with credit card loans, people paying mortgages. they do not have their jobs. commercial real estate is a market he has emphasized over the past months. this will, of course, create different problems for some of the financial institutions and other business models. we will see some institutions do very well overall and some struggle with bad losses. i had an opportunity to listen to my friend pascal. as he said, so far we have dodged the bullet of a strong protectionist response. but we have to be alert that anytime you have continuing unemployment one has to be careful about protectionism. political leaders will feel the pressure to do something. that is always a tempting tool. another issue we are watching is the fact that a number of the stimulus programs ran their full force through the later part of last year and the middle part of 2010. there is a question of a hand off to a private sector recovery. i tried to watch this closely and to reach out to others. we saw some signs of inventory recovery. we saw some business investm
bernanke said we will have time with -- we will have trouble with credit card loans, people paying mortgages. they do not have their jobs. commercial real estate is a market he has emphasized over the past months. this will, of course, create different problems for some of the financial institutions and other business models. we will see some institutions do very well overall and some struggle with bad losses. i had an opportunity to listen to my friend pascal. as he said, so far we have dodged...
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Feb 24, 2010
02/10
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CNN
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lots of questions for bernanke as he discusses the economy in front of congress. larry summers said it's a statistical recovery but a human recession. that pretty much writes off 2010. >> we talk a lot too about residential home foreclosure but we haven't talked much about commercial property foreclosure. >> tick, tick, tick. a lot of people say that's a time bomb. we know the volume of banks preparing for what the commercial real estate problems will likely see later this year and next year. >> let's hope the new normal doesn't last too long. >>> coming up, forced to resign under a cloud of controversy, president obama's former green jobs czar now being honored by the naacp. suzanne malveaux talks about the new controversy that this is bound to create. geico says 15 minutes could save you money. but it takes less than 15 seconds to tell you this. drivers who switched from geico to allstate... saved an average of $473 a year. time to switch to allstate. ♪ and you have a heart attack. that's what happened to me. they said the quick thinking of chewing an aspirin
lots of questions for bernanke as he discusses the economy in front of congress. larry summers said it's a statistical recovery but a human recession. that pretty much writes off 2010. >> we talk a lot too about residential home foreclosure but we haven't talked much about commercial property foreclosure. >> tick, tick, tick. a lot of people say that's a time bomb. we know the volume of banks preparing for what the commercial real estate problems will likely see later this year and...
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Feb 10, 2010
02/10
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chairman bernanke is outlying the plan on the stimulus money. the associate press said the fed will start tightening the credit on banks on money they leave at central bank. they will have to pay more for borrow. the federal government has been closed for last thread's. congress and house won't be back in session until february 22. the senate will be in for speeches tomorrow. the senate is in tomorrow at 2:30 with live coverage on c-span2. >> former senator charles mathias died at age of 87. he served from 1969 to 1987 after four terms in the u.s. house. among those remembering him was his former senate colleague, vice president biden. this portion of the funeral service is an hour. [silence] [silence] >> mr. vice president, distinguished guest, friends and family, thank you for being with us today. we are hear to celebrate the life of a great man. the public story has been well told. statesman, the conscience of the senate, protector of the chesapeake, steward of the cno canal, friend of nation, fierce advocate for the equal rights of all men a
chairman bernanke is outlying the plan on the stimulus money. the associate press said the fed will start tightening the credit on banks on money they leave at central bank. they will have to pay more for borrow. the federal government has been closed for last thread's. congress and house won't be back in session until february 22. the senate will be in for speeches tomorrow. the senate is in tomorrow at 2:30 with live coverage on c-span2. >> former senator charles mathias died at age of...
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Feb 4, 2010
02/10
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bernanke does testify regularly on capitol hill explaining what he is doing, and why he is affecting monetary policy the way he is. some, like milton friedman, have suggested that we could replace federal reserve with a computer that could determine these interest-rate formulas. perhaps that would be better. federal reserve policy can be subject to certain criticism. i do not hoknow how we would do this. there is disagreement on the way they have handled the recession, and that is fair. host: another tweet -- guest: $3 trillion of the deficit? over the next 10 years, if we expended all the tax cuts, for everyone, that would be about $3 trillion. the deficit is much bigger than that. the base line is $11 trillion. if you got rid of all the tax cuts, we would still have and $8 trillion deficit over the next 10 years. president obama is not talking about doing that. only for those making more than $250,000 a year. that is only 1/5 of the tax cuts. if you want to get rid of "tax cuts for the rich" it is over $16 billion from a deficit of $11 trillion. for those who believe that is good p
bernanke does testify regularly on capitol hill explaining what he is doing, and why he is affecting monetary policy the way he is. some, like milton friedman, have suggested that we could replace federal reserve with a computer that could determine these interest-rate formulas. perhaps that would be better. federal reserve policy can be subject to certain criticism. i do not hoknow how we would do this. there is disagreement on the way they have handled the recession, and that is fair. host:...
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Feb 26, 2010
02/10
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that is followed by federal reserve chairman ben bernanke's testimony before the senate banking committee. >> i come from latin america. i am never expecting to find this kind of poverty. >> photographer and documentary filmmaker on a different side of the nation's capital in the shadow of power, sunday on c-span's q. and a. >> homeland security secretary janet napolitano testified before a house in a about her agency's budget request for the next fiscal year. she answered questions about the consolidation of some of the department's programs and denied reports that the board of security staff has been cut. this is three hours. >> the committee on homeland security will come to order. the committee's meeting today to receive testimony from secretary janet napolitano on the presidents fy2011 budget request for the department of homeland security. i want to thanks secretary napolitano for being flexible about testifying in support of the president's fiscal year 2011 budget request for the department of homeland security after back-to-back blizzards forced us to postpone this hearing. on feb
that is followed by federal reserve chairman ben bernanke's testimony before the senate banking committee. >> i come from latin america. i am never expecting to find this kind of poverty. >> photographer and documentary filmmaker on a different side of the nation's capital in the shadow of power, sunday on c-span's q. and a. >> homeland security secretary janet napolitano testified before a house in a about her agency's budget request for the next fiscal year. she answered...
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Feb 17, 2010
02/10
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we might not remember this because we probably didn't keep track of everything that paulson and bernanke and george bush did, but lehman falls on september 15. then what we have on september 23, the chairman of the federal reserve and the secretary of treasury come into congress and they testify that they need $700 billion. they have a 2 1/2-page bill. they don't know what they're going to do with the money. but if you don't give it to them, it's world is going to end. that makes you uncomfortable if you're deciding what to do with your investment. not only that, but the next day, the president of the united states comes on national television and says the following, speaking to the american people to get them calmed down a little bit. he said financial assets related to home mortgages have lost value during the housing decline and the banks holding these assets have restricted credit. as a result, our entire economy is in danger. so i propose that the federal government reduce the risk posed by these trouble assets and supply urgently needed money so banks and other financial institutio
we might not remember this because we probably didn't keep track of everything that paulson and bernanke and george bush did, but lehman falls on september 15. then what we have on september 23, the chairman of the federal reserve and the secretary of treasury come into congress and they testify that they need $700 billion. they have a 2 1/2-page bill. they don't know what they're going to do with the money. but if you don't give it to them, it's world is going to end. that makes you...
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Feb 17, 2010
02/10
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now we might not remember this because we probably didn't keep track of everything that paulson and bernanke and george bush did, but lehman falls on september 15, then what we have is on september 23 the chairman of the federal reserve and the secretary of treasury come into congress and they testify that they need $700 billion, they've got a 2 1/2-page bill, they don't know what they're going to do with the money, but if you don't give it to them then the world is going to end. now that makes you a little currentble if you're deciding what you're going to do with your investments. not only that, but the next day the president of the united states comes on national television and says the following, speak to the american people, just to get them, you know, calm down a little bit, he says, financial assets related to home mortgages have lost value during the housing decline and the banks holding these assets are are restricted credit. as a result our entire economy is in danger. so i propose that the federal government reduce the risk posed by these troubled assets and supply urgently needed
now we might not remember this because we probably didn't keep track of everything that paulson and bernanke and george bush did, but lehman falls on september 15, then what we have is on september 23 the chairman of the federal reserve and the secretary of treasury come into congress and they testify that they need $700 billion, they've got a 2 1/2-page bill, they don't know what they're going to do with the money, but if you don't give it to them then the world is going to end. now that makes...
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Feb 7, 2010
02/10
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that as a new member, i sat as many of my colleagues did when we got a call from secretary paulson and bernanke in saying this guy was-- and we had to react in two days. so sometimes depending upon the issue of the reaction has to be different. babbitt you or do you not agree with the testimony of mr. scovell which are not just limited to rulemaking and now i have a minute and 47 seconds. >> in 15 seconds i get an a-plus on milestones for professionalism. training i get an incomplete and i get a b on fatigue. >> do you agree with his assessment? >> i agree with some of his assessments. >> look forward to your immediate reaction to them and i would say, i would rather see you come to us and be creative in think out of the box and maybe have to figure out how we can do things differently because i think the confidence of the american public is reducing every day that we delay, and i think there is room for us to think creatively and do it different and i look forward to helping you. >> thank you very much. i appreciate that. >> i thank the gentlelady and that recognize the gentleman from ohio, mr
that as a new member, i sat as many of my colleagues did when we got a call from secretary paulson and bernanke in saying this guy was-- and we had to react in two days. so sometimes depending upon the issue of the reaction has to be different. babbitt you or do you not agree with the testimony of mr. scovell which are not just limited to rulemaking and now i have a minute and 47 seconds. >> in 15 seconds i get an a-plus on milestones for professionalism. training i get an incomplete and...
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Feb 2, 2010
02/10
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i said --ç and i remembered s@iing this to bernanke -- i believe for theç denning wall . you guys and your friends and wall street caused the problem. even if you think the ballot as necessary, i tell you what to do. go back to the richest and saying we are putting a surtax on millionaires and billionaires to pay for the bailout. that was my view. xd and iç think what michael is talking about, there was huge frustration and anger in this countryq that government has worked to protect the interest of wall street whileç ignoring- çkow3michael talkingi] about tt that he is a father tried to send kids through college. we are putting more money into programs but we have a lot more to do. i think what people are saying and crying out for, what about us. we are working 50 or 60ç hoursa week, start worrying about us and not just the big money interests. i (jjtjr host: senator bernie sanders, thank you for coming on "washington journal." we will take a short break and will become that the discussion regarding the economy and the latinoç community but the president of la
i said --ç and i remembered s@iing this to bernanke -- i believe for theç denning wall . you guys and your friends and wall street caused the problem. even if you think the ballot as necessary, i tell you what to do. go back to the richest and saying we are putting a surtax on millionaires and billionaires to pay for the bailout. that was my view. xd and iç think what michael is talking about, there was huge frustration and anger in this countryq that government has worked to protect the...
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Feb 25, 2010
02/10
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murphy: in today's news, chairman of the federal reserve, ben bernanke, says there is a risk for high interest rates and high inflation. borrowing from china and buying huge amounts of oil from opec and we have to realize we have a mess in our hands but there is a solution. we can create jobs and grow our economy without raising taxes. it's a bipartisan american conservation and clean energy independence act, h.r. 2227. this bill uses the trillions of dollars from oil and gas exploration off or coasts, drive conservation and new technologies to improve energy efficiency, develop clean energy generation and infrastructure, rebuild america's independent transportation system and clean our air and water. and not only will we create a clean energy future but create good-paying jobs for years to come. the news tells us how they are but that's not how it has to be. join me in supporting the clean energy and conservation act. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman rise? >> to address the house for one minu
murphy: in today's news, chairman of the federal reserve, ben bernanke, says there is a risk for high interest rates and high inflation. borrowing from china and buying huge amounts of oil from opec and we have to realize we have a mess in our hands but there is a solution. we can create jobs and grow our economy without raising taxes. it's a bipartisan american conservation and clean energy independence act, h.r. 2227. this bill uses the trillions of dollars from oil and gas exploration off or...
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Feb 27, 2010
02/10
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bernanke looks closer to getting his way after what has been a fraught few months. calls the fed to -- host: chat mooga, tennessee, next on our republican line. laurie. caller: hi. i want to comment about the bipartisanship that i see a great deal of in washington and that seems to be that everybody is in agreement 100% on sucking up to their, to the people that spend the money on them, to get them voted in the office and everybody seems to be completely bipartisan on the fact that they're up there to look after their own skin and not the american people. and as far as trying to agree with somebody on the other side of the aisle just for the sake of being called bipartisan, where's your conviction? it doesn't matter whether you're republican or democrat, independent or whatever. if you've got conviction, stick with them. do what's right for america. not what's right for your party. not what's right for the people who paid to get you in office. and that's about all i have to say. host: orange county, creativity. kalee on our democrats line. caller: i'm a democrat who
bernanke looks closer to getting his way after what has been a fraught few months. calls the fed to -- host: chat mooga, tennessee, next on our republican line. laurie. caller: hi. i want to comment about the bipartisanship that i see a great deal of in washington and that seems to be that everybody is in agreement 100% on sucking up to their, to the people that spend the money on them, to get them voted in the office and everybody seems to be completely bipartisan on the fact that they're up...
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Feb 25, 2010
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bernanke said yesterday that the job market remains weak even though the economy is recovering. there is some good economic news. everything from washing machines to airplanes jump 3d% in january and the second monthly increase in a row. >>> coca-cola is changing the way it does business. spending more than $12 million to buy the large bottler. from using independent bottlers to controlling the process. pepsi has recently moved in that direction, as well. >>> get this, a relative of burr nad madoff is changing her name. she is married to buernie's son mark. she filed court papers for herself and her two kids to drop the madoff name. she probably doesn't want that out there, robben . >> she just wants to leave the name alone. >> completely. she's still married. it's not that. it's just the name. >>> a teacher danceoff sounded like kind of a fun idea for a pep rally until it became a lap dance dance off. >>> one of the most taulked abot people at the olympics may be heading home. >>> if you're running late, you must not have signed up for my wake-up call yet. how does this work? f
bernanke said yesterday that the job market remains weak even though the economy is recovering. there is some good economic news. everything from washing machines to airplanes jump 3d% in january and the second monthly increase in a row. >>> coca-cola is changing the way it does business. spending more than $12 million to buy the large bottler. from using independent bottlers to controlling the process. pepsi has recently moved in that direction, as well. >>> get this, a...